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20120928
20121006
Search Results 0 to 3 of about 4 (some duplicates have been removed)
go under. >>guest: it is impossible. >>neil: charlie gasparino, thank you. >> in the meantime, for now, we are grateful that g.e. cap dallas and a.i.g. are not tanking just yet just as we are thankful the economic numbers are not soaring. the last few years that has been the drill: celebrateing today with spending numbers that remain not off the charts but they had us off the map. and a shrug to the latest g.d.p. news. it russia returning. but there is still a plus sign. steve moore has had enough. the best selling author says we should not be settling for recovery that is, a muddling. but we do, don't we? that is the dynamic. >>guest: i agree. one of the things that is disappointing about the election, i like the way that president obama ran four years ago when he ran on hope and change. now what he is running on is, this is the best we can do, america. we contrasted that, by the way, in our editorial this morning, with john f. kennedy in 1960 running against the eisenhower and nixon economy. at that time the economy was growing 2.5 to 3 percent and john f. kennedy famously s
the internals were on the ism. i talked to charlie evans this morning. he was one of the advocates of what we're calling the q.e. infinity program, the idea of keeping your foot on the accelerator, the central bank keeping its foot on the accelerator as long as employment remained above 7%. just a little background, the fed did not go with evans' specific proposal but did create an open-ended quantitative easing. so i asked him, how open-ended is it? what happens at the end of this year when operation twist ends? what happens to additions to the balance sheet? here's what he said. >> i frankly think it's going to take almost a year in order to see the type of improvement in labor markets that i'm expecting, just getting through the first half of next year with the headwinds that we're facing. i think that it's probably later in 2013 that we would get there. so in my opinion, we'd continue with those asset purchases until we see payroll employment more like 200,000, 250,000. >> continue at $85 billion into all of 2013? >> this is my recommendation. >> it's important to parse it just a little b
equilibrium model and see if, perhaps, we can do with a 31-inch yard. that's what charlie evans is saying, in effect, they are seeing into the future, they say, and improving the future, but before it can come to pass. d tt succeeding. >> i think 34 -- if you're going to measure a yardstick in another realm, it is 34.3, isn't it? >> no, it's 36. >> it's relativity. length contraction time -- >> that's part of the problem. that's part of the problem. >> you've heard of length contraction and time dilation, right? >> we should talk in simple terms, joe. >> not general relativity. but einstein made a fortune in physics. so you're saying that -- i mean at 8%, you're not feeling the pain of all these people that are out of work. and we've got no fiscal solutions, we've got a deadlocked congress, congress can't do anything, they're the only game in town. that's got to help. >> empathy is not the way forward. the way forward is to think through the problem. >> it is staggering that they think they need to make -- >> they have an atlas complex, which is not helping. >> they should be shrugging. >
Search Results 0 to 3 of about 4 (some duplicates have been removed)